Linde Plc (Germany) Price on February 9, 2024

LIN Stock  EUR 404.40  1.40  0.34%   
If you're considering investing in Linde Stock, it is important to understand the factors that can impact its price. As of today, the current price of Linde Plc stands at 404.40, as last reported on the 23rd of December, with the highest price reaching 407.20 and the lowest price hitting 401.00 during the day. Linde plc has Sharpe Ratio of -0.0744, which conveys that the firm had a -0.0744% return per unit of risk over the last 3 months. Linde Plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Linde Plc's Mean Deviation of 0.7398, risk adjusted performance of (0.04), and Standard Deviation of 1.06 to check out the risk estimate we provide.
  
Linde Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0744

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Estimated Market Risk

 1.04
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Linde Plc is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Linde Plc by adding Linde Plc to a well-diversified portfolio.

Linde Plc Valuation on February 9, 2024

It is possible to determine the worth of Linde Plc on a given historical date. On February 9, 2024 Linde was worth 377.95 at the beginning of the trading date compared to the closed value of 383.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Linde Plc stock. Still, in general, we apply an absolute valuation method to find Linde Plc's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Linde Plc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Linde Plc's related companies.
 Open High Low Close Volume
  384.62    385.60    379.09    380.62    1,393  
02/09/2024
  377.95    383.43    377.26    383.43    1,160  
  384.66    386.00    381.26    384.47    3,031  
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Open Value
377.95
374.82
Downside
383.43
Closing Value
381.08
Upside

Linde Plc Trading Date Momentum on February 9, 2024

On February 12 2024 Linde plc was traded for  384.47  at the closing time. The highest daily price throughout the period was 386.00  and the lowest price was  381.26 . The daily volume was 3 K. The net trading volume on 02/12/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.27% . The trading delta at closing time to current closing price is 3.69% .

Linde plc Fundamentals Correlations and Trends

By evaluating Linde Plc's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Linde Plc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Linde financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Linde Plc Stock history

Linde Plc investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Linde is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Linde plc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Linde Plc stock prices may prove useful in developing a viable investing in Linde Plc
Linde plc operates as an industrial gas company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1879 and is based in Guildford, the United Kingdom. LINDE PLC operates under Specialty Chemicals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 71736 people.

Linde Plc Stock Technical Analysis

Linde Plc technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Linde Plc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Linde Plc trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Linde Plc Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Linde plc cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Linde Plc December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Linde Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Linde Plc shares will generate the highest return on investment. By undertsting and applying Linde Plc stock market strength indicators, traders can identify Linde plc entry and exit signals to maximize returns

Linde Plc Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Linde Plc's price direction in advance. Along with the technical and fundamental analysis of Linde Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Linde to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Linde Stock analysis

When running Linde Plc's price analysis, check to measure Linde Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Linde Plc is operating at the current time. Most of Linde Plc's value examination focuses on studying past and present price action to predict the probability of Linde Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Linde Plc's price. Additionally, you may evaluate how the addition of Linde Plc to your portfolios can decrease your overall portfolio volatility.
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